Searca: Fintech can benefit farmers

THE Philippine government-hosted Southeast Asian Regional Center for Graduate Study and Research in Agriculture (Searca) said financial technology or fintech can link farmers with financial services outside the traditional banking system.

Searca Director Glenn Gregorio said since finance is a driver of growth in the agriculture sector, there is a need to improve farmers’ access to financial instruments that is also key to their adoption of better farm technologies for greater productivity.